Hi Josh,80% is available, but the rate will be significantly higher than it would be at a more standard 75%.

It's standard house hacking procedure every year.

First protection (the one you need to cover you in court) is no sublease in the contract: in FL, it's the standard option. 

If not in the city, and not in the ETJ, then it's a lot easier, provided you can get water (probably need to drill water wells so thats a separate ground water district) and sanitation (some sort of onsite sewage treatment).

Would it devastate me financially to get that $1800 bill for replacing a hot water heater ?

Just search for 'Livingsmith: Co-Living Gold Standard Investment & Property Management,' and you should be able to locate it.

I just sold one of my OREO in Jackson MS.. 1 year ago as a vacant house needed full rehab I might have gotten 25k from a local for it.. just went into contract last week with a hedge fund for 71k NET to me they pay all costs and back tax's.. so something is in the water. 

How is water split? 

They may be exceeding occupancy standards.3.

Borrowers many times especially if they are newer actually have no clue as to how bad it can be with these investor friendly lenders if you have a water landing..